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Featured

'Gritty' Philadelphia pitches itself as low-cost US World Cup choice

Philadelphia is presenting itself as the US World Cup host city offering fans the best value for money, with affordable transport, accommodation and food while other venues are pilloried for gouging supporters.

'I literally was a fool': Musk grilled in OpenAI trial

Elon Musk faced fiery questioning Wednesday in his court showdown with OpenAI, as he insisted that the maker of ChatGPT had fooled him by turning what was an altruistic pursuit into a profit-making juggernaut.

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Trade ships hit in Hormuz as Iran recloses strait

Commercial ships came under fire and threats from Iran's military as they tried to cross the Strait of Hormuz on Saturday, security monitors said, as Iran closed the crucial trade route again following a brief reopening.

Paramount's CinemaCon charm offensive gets lukewarm reception

Paramount Skydance was on a charm offensive at CinemaCon this week, trying to convince theater owners that its megabucks deal to swallow Warner Bros. would be good for the industry.

Iran threatens to again close Hormuz, if US blockade continues

Tehran threatened on Saturday to shut the Strait of Hormuz once more if the United States continues its blockade of Iranian ports, hours after Iran announced it had reopened the strategic waterway in the wake of a ceasefire in Lebanon.

Churches to the rescue of Cuba's legions of poor

In communist Cuba, where priests were once persecuted, churches are acting as a lifeline for the needy during a severe economic crisis aggravated by a crippling US oil blockade.

'Gouged': World Cup fans to pay 'insane' $150 for NY stadium train ticket

World Cup fans will have to pay $150 -- more than 10 times the normal price -- for the quick round-trip train between New York and Meadowlands stadium when it hosts the tournament's final and seven earlier matches, local officials said Friday, drawing outrage.

World Cup fans to pay $150 for NY stadium train ticket: official

World Cup fans will have to pay $150 for the 36-mile (58-km) roundtrip train trip between New York and Meadowlands stadium when it hosts eight matches including the final, local officials said Friday.

Polish stadium cancels Kanye West concert

A Kanye West concert scheduled to take place in a stadium in Poland in June was cancelled by the venue on Friday, following condemnation of antisemitic remarks by the US rapper.

Iran declares Hormuz open as Lebanon ceasefire begins

Tehran declared the Strait of Hormuz open to commercial shipping on Friday, as a ceasefire came into effect in Lebanon, raising hopes that two of the main obstacles to a US-Iran peace deal could have been cleared.

Frenchwoman who married GI sweetheart returns home after ICE ordeal

A Frenchwoman who moved to the United States to marry a Vietnam war veteran she first met six decades ago returned to France Friday after she was detained by US immigration authorities, the foreign minister said.

First loaded Iranian oil tankers exit Gulf since US blockade: Kpler

Three Iranian oil tankers carrying a total of five million barrels of crude have become the first such loaded vessels to leave the Gulf through the Strait of Hormuz since a US blockade came into force, the tracking firm Kpler told AFP on Friday.

Lebanese civilians head home despite Israel warning on truce

Thousands of displaced Lebanese civilians took to the road on Friday, hoping a 10-day ceasefire with Israel would allow them to return to their homes in southern Beirut and the country's war-torn south.

Oil drops, stocks mixed amid US-Iran peace hopes

Stock markets diverged and oil prices fell Friday as investors awaited news of a possible extension to the Iran-US ceasefire, with a first passing of Iranian oil shipments through the Strait of Hormuz in weeks bolstering hopes.

Video game voice star Troy Baker says 'only humans' can make art

Millions of gamers around the world may not know Troy Baker's face but would recognise his voice -- perhaps as the heartbroken father Joel in "The Last of Us" or an intrepid Indiana Jones in "The Great Circle".

Lebanese civilians head home as truce with Israel takes effect

Thousands of displaced Lebanese civilians took to the road on Friday, hoping that a 10-day ceasefire with Israel would allow them to return to their homes in southern Beirut and the country's war-torn south.

War with Pakistan halts school for Afghan border children

There are no children in the Afghan border village of Barikot, where the school has been smashed by shells and the playground sits deserted after weeks of war with Pakistan.

In Belgium, prime minister's wife shares anorexia struggle

Just weeks after her husband won Belgium's national elections in 2024, Veerle Hegge found herself in hospital for an eating disorder that almost claimed her life.

Stocks reverse as investors await news on US-Iran peace talks

Stock markets fell Friday as investors awaited news of an extension to the Iran-US ceasefire, while crude prices edged back down following the previous day's rally.

Netflix shares dive as co-founder Reed Hastings steps away

Netflix shares plummeted more than nine percent Thursday as the TV streaming titan's quarterly earnings failed to impress investors and co-founder Reed Hastings announced he is leaving.

IMF warns of war's human impact far from Middle East

IMF economists warned Thursday that the war in Iran could have “very, certainly severe” consequences far outside the region – especially for energy-importing countries.

Spain VP says IMF could recognize Venezuela soon, hastening reengagement

Spain's Vice President Carlos Cuerpo said Thursday that the resumption of relations between the International Monetary Fund and Venezuela should take place shortly.

Australian tycoon battles Meta over fake ads

Australian mining magnate Andrew Forrest is asking a US federal court in Silicon Valley to hold Meta accountable for scam ads using his likeness without permission.

Trump says Iran deal 'very close,' may go to Pakistan to sign

President Donald Trump said Thursday that the United States and Iran were "very close" to a peace deal and that he would consider going to Pakistan to sign an agreement.

Saudi wealth fund sells football club Al-Hilal

Saudi Arabia's sovereign wealth fund announced Thursday the sale of its majority stake in Saudi Pro League football club Al-Hilal, where French striker Karim Benzema plays.

Pernod says Brown-Forman talks 'ongoing' after reported rival offer

French drinks giant Pernod Ricard said Thursday that talks to buy Brown-Forman, the US owner of Jack Daniel's whiskey, were continuing after reports of a rival American offer by Sazerac.

UK PM tells social media bosses to step up child online safety

UK Prime Minister Keir Starmer on Thursday hinted at possible measures limiting children's access to social media, as he met senior tech figures and warned: "Things can't go on like this."

Luxury group Kering seeks to make flagging Gucci 'unmissable' again

French luxury group Kering promised Thursday to make its flagship Gucci brand once again "unmissable" and boost production of leather goods as it seeks to turn around its financial performance.

French billionaire Bollore sparks turmoil at top publisher Grasset

French conservative billionaire Vincent Bollore came under attack from dozens of authors on Thursday at one of his flagship publishing brands, as he continues to reshape the country's media landscape.

Repsol taking back control of Venezuelan oil assets

Spanish energy group Repsol said on Thursday it has reached an agreement with the Venezuelan government to regain control of its oil business in the country and sharply increase production over the coming years.

TotalEnergies says was able to maintain production despite war

French oil and gas giant TotalEnergies said Thursday its production in the first quarter of the year was expected to have remained stable despite the Middle East war hitting its output in the region.

UK supermarket Tesco says Mideast war hits profit outlook

Britain's biggest supermarket chain Tesco warned Thursday that its profits could be impacted by the Mideast war lifting food costs, as it posted higher earnings for its last financial year.

EasyJet says first-half loss to deepen on Mideast war

British no-frills airline EasyJet on Thursday said it expects to post a deeper first-half loss compared with one year earlier after the Middle East war sent jet fuel prices soaring.

AI demand drives chipmaker TSMC's net profit to fresh record

Taiwanese chip manufacturer TSMC said Thursday that net profit for January-March leaped to a fresh quarterly record, boosted by the race to develop artificial intelligence technology.

Coin Press - Economy (English)